(v) so much as exceeds $3 480 000 000 dollars but does not exceed
$4 740 000 000 dollars;
(vi) so much as exceeds $4740 000 001 dollars but does not exceed
$6 000 000 000 dollars;
(vii) so much as exceeds $6 000 000 001 dollars;”.
3
Amendment of section 22B of Cap. 23:04
With effect from the 1st January, 2008, section 22B (“Automated financial transactions tax”)
of the Finance Act [Chapter 23:04] is amended by the deletion of “two thousand five hundred
dollars” and the substitution of “twenty-five thousand dollars”.
4
Amendment of section 22C of Cap. 23:04
With effect from the year of assessment beginning on the 1st January, 2008, section 22C
(“Presumptive tax”) of the Finance Act [Chapter 23:04] is amended by the repeal of paragraphs
(c) to (i) and the substitution of—
“(c) operators of taxicabs for the carriage of passengers for hire or reward having
seating accommodation for not more than seven passengers, seventy-five million
dollars per quarter for each such taxicab so operated; or
(d) operators of omnibuses for the carriage of passengers for hire or reward having
seating accommodation for not less than eight or more than fourteen passengers,
seventy-five million dollars per quarter for each such omnibus so operated; or
(e) operators of omnibuses for the carriage of passengers for hire or reward having
seating accommodation for not less than fifteen or more than twenty-four
passengers, seventy-five million dollars per quarter for each such omnibus so
operated; or
(f) operators of omnibuses for the carriage of passengers for hire or reward having
seating accommodation for not less than twenty-five or more than thirty-six
passengers, one hundred and fifty dollars per quarter for each such omnibus so
operated; or
(g) operators of omnibuses for the carriage of passengers for hire or reward having
seating accommodation for not less than thirty-seven passengers, two hundred
million dollars per quarter for each such omnibus so operated; or
(h) operators of goods vehicles having a carrying capacity—
(i) of more than ten tonnes but less than twenty tonnes, two hundred million
dollars per quarter;
(ii) of ten tonnes or less but which is driving one or more trailers resulting in a
combined carrying capacity of more than fifteen tonnes but less than
twenty tonnes, two hundred million dollars per quarter;
(iii) of twenty tonnes or more, four hundred million dollars per quarter;
or